Peloton Interactive Inc (NASDAQ: PTON) is 30.38% higher on its value in year-to-date trading and has touched a low of $2.70 and a high of $8.97 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PTON stock was last observed hovering at around $7.58 in the last trading session, with the day’s gains setting it 0.36%.
Currently trading at $7.94, the stock is 5.33% and 33.76% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.67 million and changing 4.75% at the moment leaves the stock 82.00% off its SMA200. PTON registered 43.84% gain for a year compared to 6-month gain of 142.81%. The firm has a 50-day simple moving average (SMA 50) of $5.8656 and a 200-day simple moving average (SMA200) of $4.34295.
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The stock witnessed a 44.89% loss in the last 1 month and extending the period to 3 months gives it a 136.31%, and is -4.45% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.40% over the week and 8.44% over the month.
Peloton Interactive Inc (PTON) has around 2918 employees, a market worth around $3.03B and $2.69B in sales. Profit margin for the company is -14.63%. Distance from 52-week low is 194.07% and -11.43% from its 52-week high. The company has generated returns on investments over the last 12 months (-26.39%).
with sales reaching $650.54M over the same period.The EPS is expected to grow by 71.20% this year, but quarterly earnings will post -8.51% year-over-year. Quarterly sales are estimated to shrink -12.51% in year-over-year returns.
Peloton Interactive Inc (PTON) Top Institutional Holders
479.0 institutions hold shares in Peloton Interactive Inc (PTON), with institutional investors hold 88.45% of the company’s shares. The shares outstanding are 358.12M, and float is at 340.31M with Short Float at 19.02%. Institutions hold 87.80% of the Float.
The top institutional shareholder in the company is MORGAN STANLEY with over 42.18 million shares valued at $142.59 million. The investor’s holdings represent 11.4654% of the PTON Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 33.24 million shares valued at $112.36 million to account for 9.0349 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 26.71 million shares representing 7.2596% and valued at over $90.28 million, while CAPITAL WORLD INVESTORS holds 7.1428 of the shares totaling 26.28 million with a market value of $88.83 million.
Peloton Interactive Inc (PTON) Insider Activity
The most recent transaction is an insider sale by Coddington Elizabeth F, the company’s Chief Financial Officer. SEC filings show that Coddington Elizabeth F sold 186,462 shares of the company’s common stock on Nov 18 ’24 at a price of $7.58 per share for a total of $1.41 million. Following the sale, the insider now owns 0.22 million shares.
Peloton Interactive Inc disclosed in a document filed with the SEC on Nov 18 ’24 that RENDICH ANDREW S (Chief Supply Chain Officer) sold a total of 138,391 shares of the company’s common stock. The trade occurred on Nov 18 ’24 and was made at $7.51 per share for $1.04 million. Following the transaction, the insider now directly holds 0.29 million shares of the PTON stock.
Still, SEC filings show that on Nov 18 ’24, Cotter Jennifer Cunningham (Chief Content Officer) disposed off 148,252 shares at an average price of $7.52 for $1.11 million. The insider now directly holds 232,811 shares of Peloton Interactive Inc (PTON).
